RV EDGE

SHANGHAI ROAD
RESALE CONDODistrict 10
Great World MRT · 8 min walk (637m)CCRFreehold
Gross Yield
4.4%
District avg: 2.7%
Median Rent
$3,375
per month
Total Units
108
2Y PSF Change
+3.4%
7 txns in 24m
vs District
-6%
D10 median: $2,197
Median PSF
2,064
5.8% QoQ
Total Sales
17
since 2021-03
Price Range
$750k$1.6M
all-time
Unit Size
439 sqft
Floors 16

UrbanLens Analysis

RV EDGE trades at $2,063 PSF, sitting 6% below the District 10 median of $2,197 PSF. At 8 minutes from Great World MRT (637m), transit access is passable but not a differentiator. 19 NASSIM fetches $3,381 PSF nearby -- that 39% gap frames RV EDGE's relative value proposition.

The +3.4% two-year price movement is negligible -- neither bullish nor bearish. 7 transactions over two years is modest; the trend is directional, not definitive. For context, D'LEEDON has gained 10.0% over the same period.

Freehold tenure eliminates lease-decay risk entirely -- no CPF restrictions, no LTV erosion, no shrinking buyer pool as the asset ages. Gross yield of 4.4% beats the CCR average of 3.0%. With $3,375/month median rent, income-focused buyers have a real case here.

At 108 units, the development is mid-sized: adequate amenities, manageable maintenance pool, and reasonable resale velocity.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
SKYE AT HOLLAND$2,9490.0%
UPPERHOUSE AT ORCHARD BOULEVARD$3,3090.0%
CUSCADEN RESERVE$3,0243.2%-19.9%
D'LEEDON$2,0443.2%+10.0%
19 NASSIM$3,381-2.1%

PSF Trend

Quarterly
2,256
2023-Q3
2,323
2024-Q3
1,980
2024-Q4
1,918
2025-Q1
2,192
2025-Q2
2,049
2025-Q3
2,063
2025-Q4
2,182
2026-Q1

Recent Transactions

Data refreshed monthly · Last transaction: Jan 2026
DatePriceSizePSFFloor
Jan 2026$916,000420 sqft$2,18206-10
Nov 2025$755,000366 sqft$2,06306-10
Jul 2025$860,000420 sqft$2,04901-05
Apr 2025$920,000420 sqft$2,19201-05
Jan 2025$1,590,000829 sqft$1,91806-10
Nov 2024$831,000420 sqft$1,98001-05
Sep 2024$875,000377 sqft$2,32301-05
Aug 2023$850,000377 sqft$2,25601-05
Jun 2023$780,000377 sqft$2,07001-05
Jul 2022$910,000474 sqft$1,92101-05
Showing 10 of 17 transactions

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